About Ravi Technoforge
Ravi Technoforge is a company based in Rajkot (India) founded in 1990 by Amrutlal Khimjibhai Bharadia was acquired by Ratnamani in October 2022.. Ravi Technoforge has raised $2.52 million across 5 funding rounds from investors including Ratnamani, Canbank VC and Rajesh Bharadia. The company has 1,043 employees as of April 04, 2024. Ravi Technoforge offers products and services including Forged Bearing Rings and Gear Blanks. Ravi Technoforge operates in a competitive market with competitors including NSK, Fersa Bearings, Rolex Rings, NRB Bearings and NBC Bearings, among others.
- Headquarter Rajkot, India
- Employees 1043 as on 04 Apr, 2024
- Founders Amrutlal Khimjibhai Bharadia
- Stage Minicorn
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Sectors
Transportation, Automotive & Logistics
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Email
***********
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Phone
*********
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Website
*********
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Social
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- Legal Name Ravi Technoforge Private Limited
- Date of Incorporation 22 Feb, 1990
- Jurisdiction Gondal, Gujarat, India
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Annual Revenue
$29.41 M (USD)-13.03as on Mar 31, 2023
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Net Profit
$541.87 K (USD)-55.71as on Mar 31, 2023
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EBITDA
$2.95 M (USD)-29.79as on Mar 31, 2023
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Total Equity Funding
$2.52 M (USD)
in 5 rounds
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Latest Funding Round
$1.32 M (USD), Unspecified
Dec 28, 2011
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Investors
Ratnamani
& 19 more
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Employee Count
1043
as on Apr 04, 2024
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Acquired by
Ratnamani
(Oct 06, 2022)
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Products & Services of Ravi Technoforge
Ravi Technoforge offers a comprehensive portfolio of products and services, including Forged Bearing Rings and Gear Blanks. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
High-precision rings for bearings in automotive and industrial uses.
Blanks for gears serving wind, railways, and heavy equipment sectors.
Funding Insights of Ravi Technoforge
Ravi Technoforge has successfully raised a total of $2.52M across 5 strategic funding rounds. The most recent funding activity was a Unspecified round of $1.32 million completed in December 2011. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 5
- Last Round Unspecified — $1.3M
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First Round
First Round
(30 Mar 2009)
- Investors Count 19
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec, 2011 | Amount | Unspecified - Ravi Technoforge | Valuation | Canbank Venture Capital Fund |
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| Jul, 2010 | Amount | Angel Round - Ravi Technoforge | Valuation | Rajesh Bharadia , Kunjaben Bharadia | |
| Jun, 2010 | Amount | Angel Round - Ravi Technoforge | Valuation | Rajesh Bharadia |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Ravi Technoforge
Ravi Technoforge has secured backing from 20 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include Ratnamani, Canbank VC and Rajesh Bharadia. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Venture capital investments are managed for promising startups.
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Founded Year | Domain | Location | |
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Stainless steel and carbon steel pipes and tubes are manufactured.
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Founded Year | Domain | Location | |
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RB
Rajesh Bharadia |
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Ravi Technoforge
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Ravi Technoforge
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Ravi Technoforge Comparisons
Competitors of Ravi Technoforge
Ravi Technoforge operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as NSK, Fersa Bearings, Rolex Rings, NRB Bearings and NBC Bearings, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Major auto components are manufactured and supplied globally.
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| domain | founded_year | HQ Location |
Bearings are manufactured and supplied to aftermarkets by Fersa.
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| domain | founded_year | HQ Location |
Forged and machined components are produced for industrial bearings.
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| domain | founded_year | HQ Location |
Manufactures and supplies roll bearings
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| domain | founded_year | HQ Location |
Bearings are manufactured and exported by NBC Bearings globally.
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| domain | founded_year | HQ Location |
Bearings and components are manufactured and supplied for multiple industries.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Ravi Technoforge
Frequently Asked Questions about Ravi Technoforge
When was Ravi Technoforge founded?
Ravi Technoforge was founded in 1990 and raised its 1st funding round 19 years after it was founded.
Where is Ravi Technoforge located?
Ravi Technoforge is headquartered in Rajkot, India. It is registered at Rajkot, Gujarat, India.
Is Ravi Technoforge a funded company?
Ravi Technoforge is a funded company, having raised a total of $2.52M across 5 funding rounds to date. The company's 1st funding round was a Angel Round of $167.76K, raised on Mar 30, 2009.
How many employees does Ravi Technoforge have?
As of Apr 04, 2024, the latest employee count at Ravi Technoforge is 1,043.
What is the annual revenue of Ravi Technoforge?
Annual revenue of Ravi Technoforge is $29.41M as on Mar 31, 2023.
What does Ravi Technoforge do?
Founded in 1990 and based in Rajkot, India, operations focus on producing forged components such as turned rings, gear blanks, and bearings including deep groove ball, spherical, taper, CRB, railway, and ball types. Services extend to automobile water pumps and are provided to sectors like automotive, wind energy, railways, heavy equipment, and earth-moving machinery. Precision manufacturing processes are employed to meet industry specifications.
Who are the top competitors of Ravi Technoforge?
Ravi Technoforge's top competitors include NSK, Rolex Rings and NRB Bearings.
What products or services does Ravi Technoforge offer?
Ravi Technoforge offers Forged Bearing Rings and Gear Blanks.
Who are Ravi Technoforge's investors?
Ravi Technoforge has 20 investors. Key investors include Ratnamani, Canbank VC, Rajesh Bharadia, Jagdish Bharadia, and Kunjaben Bharadia.
What is Ravi Technoforge's valuation?
The valuation of Ravi Technoforge is $5.34M as of Dec 2011.